Binance report shows crypto industry in “good health” in H1, 2023
Key takeways The crypto industry experienced growth across Bitcoin and other L1s, L2s, stablecoins, DeFi, and NFTs. Bitcoin network growth included trading volume, transaction count, fees and hashrate. Solana, BNB…
Binance recently laid off 1,000 employees: report
Binance is reported to have dismissed about 1,000 of its employees recently. The report cites sources close to the exchange and comes at a time Binance is battling regulatory pressure.…
Binance adds Arkham (ARKM) to launchpad
Binance has announced Arkham (ARKM) as the 32nd project in the Binance Lanchpad. A snaphot of BNB balances will be taken on July 11 to July 17. BNB, the native…
Chancer presale accelerates as Binance CEO CZ makes a huge prediction on crypto
Chancer seeks to introduce a P2P betting model. Chancer’s presale has accelerated, with over half of the tokens sold in the first stage. The token could hit three-digit or four-digit…
Australian regulator searched Binance Australia’s offices
Key takeaways Australian Securities and Investments Commission searched Binance Australia’s office on Tuesday. The cryptocurrency exchange maintains that it is focused on complying with rules. ASIC searched Binance Australia’s offices…
Binance suspends transfers for several Multichain-bridged tokens
Binance will cease deposit and withdrawals support for Multichain-bridged tokens Polkastarter (POLS), Alchemy Pay (ACH), Alpaca Finance (ALPACA) and Travala (AVA. The tokens are minted on BNB Smart Chain, Fantom,…
Binance Labs incubation program season 6 opens as AltSignals presale hits 96.71%
Binance Labs has started accepting Season 6 Incubation Program applications for Web3 innovation. The incubation program offers tailored resources and mentoring for startups. At the same time, the first stage…
Binance opens trading for Maverick Protocol (MAV)
Binance opens trading for Pantera Capital and Coinbase backed Maverick Protocol (MAV) Maverick’s native token will trade against Bitcoin, USDT and TUSD. Binance added Maverick Protocol to its launchpool incubator…
Binance drops its license application in Austria
Binance Austria GmbH has revoked its license application as a virtual asset service provider from the Austrian Financial Market Authority (FMA). So far, Binance has withdrawn registration in the Netherlands…
Binance Brazil is being investigated for suspected pyramid schemes
Binance has been under fire from regulators in the United States, Australia, the Netherlands, and now Brazil. Binance.US and its legal team have, however, alleged that the SEC issued misleading…